The U.S. national debt exceeded $33 trillion for the first time ever

[Into the Night]

That's all it does. Creates debt in order to leverage it later on when they make a risky bet.

Capitalism does not cause debt. It is not gambling.

 

[Into the Night]

Ah so is that why everyone went into debt after the tax cuts because they were better at spending money?

When the government spends itself into debt, you pretend like you care, but when individuals do it you don't.

You have double standards because you don't understand any of this.

Not everyone went into to debt, dope. Tax cuts do not cause debt.

 

[Into the Night]

Now you're lost in the conversation.

The chart I posted showed PERSONAL DEBT in relation to Personal Savings...and the evidence of the chart proves that every time taxes are cut, personal debt increases and personal savings decrease.

So your stupid idea is completely wrong...poeople don't know how to spend money better than the government if they're going into debt every time their taxes are cut.

Government debt is not personal debt.
Tax cuts do not cause personal debt either.

 

[Into the Night]

Now hold on a second, why is government debt bad but personal debt is not?

It's not.

It wasn't government debt that caused the economic collapse in 2008, that was personal debt that did that. Subprime mortgages defaulting, not FHA loans.

No. It was easy money resulting from fascism (the Fed).

According to you, that should have never happened because "people are better at spending their money than the government".

I never made any such statement. Wordstuffing.

Apparently not, if you're now trying to parse out which type of debt you're OK with so long as it supports your flimsy argument.

I never made any such argument. Wordstuffing.

 

[Into the Night]

You're quite literally chanting this.

Every accusation from you is actually a confession.

LIF. Grow up.

 

[Into the Night]

More chanting I see...at least you're trying a different tactic now. Too bad the strategy still sucks ass.

LIF. Grow up.

 

[Into the Night]

I'm pretty sure I'm right since I've been right about everything.

Haven't seen it yet!

 

[Into the Night]

Lies.

Federal Receipt and Outlay Summary
FY 2017 deficit: $665.4
FY 2018 deficit: $779.1
FY 2019 deficit: $983.6
https://www.taxpolicycenter.org/statistics/federal-receipt-and-outlay-summary

So before we even got to COVID, Trump exploded the deficit by 50%.

In just two years, Trump's deficit grew by half.

I think you should shut the fuck up forever on my threads because this is some sloppy fucking work, even for you.

The President does not cause a deficit. CONGRESS DOES.

 

[Into the Night]

LMAO!

Federal Receipt and Outlay Summary
FY 2020 Deficit: $3.129T
FY 2021 Deficit: $2.775T
FY 2022 Deficit: $1.415T

So over the same amount of time Trump grew the deficit by 50%, Biden reduced it by 50% while passing COVID relief in 2021, not 2020, the BIF in 2022, and the IRA in 2023. So even with all those spending programs, Biden reduced the deficit Trump and your stupid trickle down left.

Like I said, this is some sloppy fucking work, even for you. Shameful and insulting in its abject laziness.

Biden did not reduce the deficit. CONGRESS DID.
The problem is the DEBT, not the deficit.

 

[Into the Night]

Once again, every accusation is a confession.

Here's how and why you're a gaslighting Nazi piece of shit and you will always be that:

1. You either lied or didn't know that Trump grew the deficit by 50% in two years before COVID.

2. You either lied or didn't know that Biden had reduced the deficit by 50% in the two years after Trump.

3. You either lied or didn't know that the projected deficit for FY 2023 is lower than the deficit reported for FY 2022

You didn't know any of this shit, which is why you tried to hijack some bullshit CNN commentary that wasn't even ABOUT COVID spending and is from March...in the fiscal year that is projected to have a lower deficit than the one prior.

You treat facts with disrespect because you are not a respectable person.

Presidents cannot grow or reduce the deficit. CONGRESS DOES.
The problem is the DEBT, not the deficit.

YOU are gaslighting (wordstuffing).

 

[Into the Night]

Nope. He just banned direct travel from China. 300,000 Chinese nationals came into the country by way of Europe and Japan/Korea and not a single one of them was tracked or traced when they arrived here.
Massive error...one you can't actually come back from because it is an error at its core.

Paradox. Irrational. You cannot argue both sides of a paradox.

 

[Into the Night]

You know, switching between your socks only strengthens my case against you and everything you say you believe but won't stand for.

He has no socks. Bulverism fallacy.

 

[Into the Night]

Democrats reduce deficits, Conservatives grow them.

That's what's happened the last 43 years.

Reversal fallacy.

 

[Into the Night]

They were always going to fail because Conservatism is always going to fail.

How maby failures is it going to take before you finally admit that the problem isn't liberals or Democrats or Black people...it's fucking Conservatives??

Joe Biden reduced the deficit. Barack Obama reduced the deficit. Bill Clinton reduced the deficit. NO REPUBLICAN HAS. Why do you think that is?

Presidents cannot reduce or increase the deficit. CONGRESS DOES.
CONGRESS creates the debt.

 

[Into the Night]

The liberals haven't failed at all.

They weren't in charge when Trump destroyed the economy.

Trump didn't destroy the economy. DEMOCRATS DID.

They weren't in charge when Bush destroyed the economy.

Bush didn't destroy the economy. DEMOCRATS DID.

They weren't in charge when Reagan destroyed the economy.

Reagan didn't destroy the economy. He cleanup up what DEMOCRATS DID.

You can't point to a liberal failure because there aren't any. Policy success after policy success. All Conservatives do is destroy, destroy, destroy.

Inversion fallacy. You are describing DEMOCRATS, not conservatives.

The reason is because there is nothing of merit about Conservatism.

Any collapse is because Conservatism isn't a governing ideology...it's simply just bigotry.

Conservatism is not bigotry.

An economy based around bigotry is always going to fail because it's exclusionary.

Bigotry does not affect the economy. Non-sequitur fallacy.
The bigotry and racism is YOURS.

 

[Into the Night]

Congress should lose their pay if the budget is not on time

I think this might gain traction as an amendment to the Constitution.

 

[Into the Night]

Nonetheless, Trump did ban travelers from China. You made an embarrassing error and you need to publicly admit it.

He's currently locked in paradox on this. He's stated that Trump did ban travelers from China and did not ban travelers from China at the same time.

 

[Into the Night]

The pandemic didn't start in early 2019 when manufacturing entered a recession, and in February 2020 you were still calling COVID a hoax.

Covid fear mongering is a hoax.

 

[Into the Night]

LMAO!

But he didn't ban travelers from China if 400,000 of them came here between February 2020 and April 2020.

Do you not understand how language or words work?

You said he banned Chinese travelers, but clearly he didn't if 400,000 came to the US between the day he issued the pretend "ban" and the day the NYT reported on it.

So that makes you a liar.

YOU are the liar. You are lying to yourself. You are still locked in paradox.

 

[Into the Night]

Everything you believe is utter shit because you're too stupid or too lazy to do the work of being informed you dumb Nazi coward:

Federel Receipt and Outlay Summary
https://www.taxpolicycenter.org/statistics/federal-receipt-and-outlay-summary

Reagan/Bush the Elder
Deficit for FY 1981: $79B
Deficit for FY 1993: $290B

Clinton
Deficit for FY 1993: $290B
Deficit for FY 2000: NO DEFICIT, THERE WAS A $236B surplus

Bush the Dumber
Surplus for FY 2000: $236B
Deficit for FY 2009: $1.4T

Obama
Deficit for FY 2009: $1.4T
Deficit for FY 2016: $584B

Trump
Deficit for FY 2016: $584B
Deficit for FY 2020: $3.1T

There exists no world in which Conservatives have ever reduced the deficit.

You've already shown it.